Tag Archives: EUR/USD
Daily FX Technical Strategy: USD double take
The trend to sell the dollar stopped last week and on Friday we saw the first signs of USD demand in two markets where recently it was particularly weak;
FX Daily Strategist: Europe
– The focus this week will be on Spain The USD once again recovers its end-of-week losses as investors continue to avoid extending their risk-taking. Political risk, including China-Japan tensions and whether Spain will seek external assistance, are likely to be causing investors to pare back risk positions.
FX Daily Majors
Today’s highlights: – EURUSD: Failure at 1.3048 last Friday maintains the downward trend for now, with risk remaining lower to 1.2858/29 support zone.
Technical Analysis
USD and JPY recovering further with more signs of strength in the pipe. EURUSD Friday’s rejected attempt higher indicates that we soon will see an attack at the low end of the 233d ma band, a level that EURJPY managed to end below on Friday (hence remaining a preferred selling canditate)
FX Market Technical Research
EUR/USD: Remains Heavy, Stops Below Initial Support. The Sept 19 highs remain key resistance with immediate focus remaining on retests of the 200-DMA until a close above is seen.
EUR/USD Analysis
Closed in NY Friday at $1.2980, opening Asia unchanged before edging up to mark session highs at $1.2991 in opening trade. Rate reversed off highs as Asian equity markets opened with a negative tone leading the way into general risk aversion.
Technical Analysis
EUR/USD 233d ma band revisited… EUR/JPY More indications of a top… AUD/USD Not behaving as expected… EUR/SEK Down at support… USD/SEK Exploring the lows… EUR/NOK Spiked below 7.4250… NOK/SEK Deeper into support.
FX Market Technical Research
EUR/USD: Daily Slow Stochastic, RSI, Momentum and DMIA studies continue to correct from lofty overbought levels as the pair makes its way back to the 200-DMA.
EUR/USD Analysis
Closed in NY at $1.2968 after recovering off lows at $1.2920 to $1.2974. Recovery off that mentioned low extended in early Asian trade with rate edging to an early high of $1.2980.
EURUSD correction targets
With 1.3000 giving way in the Asian session on poor data out of China, we have to look at where EURUSD might find support in the coming days.
FX Daily Strategist: Europe
– Economic data flow picks up after a quiet week: EZ PMIs and Spanish auctions today The USD has continued its rebound during Thursday’s session in Asia. This is despite positive newsflow out of China with a slight pick-up in the HSBC PMI Manufacturing survey (albeit remaining sub-50) and an announcement of the 18th party […]
Technical Analysis
EURUSD drifting lower in a non trending mode, JPY is more than recovering yesterday morning losses, AUDUSD is making downside progress after the Thu-Mon top formation,